Sound Point Meridian Capital, Inc. (SPME)

NYSE: SPME · Real-Time Price · USD · Preferred Stock
25.17
+0.05 (0.19%)
Aug 29, 2025, 4:00 PM - Market closed
0.19%
Market Cap363.10M
Revenue (ttm)84.32M
Net Income (ttm)21.12M
Shares Out 20.32M
EPS (ttm)n/a
PE Ratio17.19
Forward PE7.19
Dividend$0.16 (0.65%)
Ex-Dividend DateAug 15, 2025
Volume1,605
Open25.25
Previous Close25.12
Day's Range25.16 - 25.25
52-Week Range24.80 - 25.96
Betan/a
Analystsn/a
Price Targetn/a
Earnings Daten/a

About SPME

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York. [Read more]

Sector Financials
Founded 2022
Country United States
Stock Exchange NYSE
Ticker Symbol SPME
Full Company Profile

News

Sound Point Meridian Capital Term Preferred Stock

Sound Point Meridian Capital Inc., a closed-end fund (CEF) focused on high current income through investments in CLO equity and mezzanine tranches of below-investment-grade U.S. senior secured loans. ...

Other symbols: SPMASPMC
14 days ago - Seeking Alpha

SPME: New Term Preferred Shares From A Leveraged CEF

Sound Point Meridian Capital has increased leverage by issuing new 7.875% Series B Preferred Shares, SPME, which are actually debt due to their fixed maturity in 2030. Sound Point Meridian Capital, In...

16 days ago - Seeking Alpha